Property Accountant

Property Accountant

Who We Are:

INH Properties is a rapidly growing full-service real estate company that excels in property management and real estate development for multifamily apartment communities. INH Properties has been in business for over 40 years and currently manages 7,500+ units across Minnesota and Iowa.

What We're Looking For:

INH Property Management is seeking a talented accountant to join our team and drive their ongoing growth. We are looking for someone eager to learn and grow with our company. As a property accountant, you'll play a pivotal role in ensuring accurate reporting for the properties we manage. Your responsibilities will primarily involve managing the Accounts Payable operations and overseeing the financial reporting for a designated portfolio of properties.

Job Responsibilities:

• Federal Fund Management: Enter Section 8 Affordable Housing funds into Yardi via the affordable housing module, ensuring all deposits are verified at the bank prior to data entry. Review funds distribution based on property Section 8 vouchers from the compliance department.
• Invoice Processing: Manage the weekly review of the Invoice dashboard to address any invoice returns or process origination invoices. Daily tasks include sorting, scanning, and uploading invoices into our accounting software.
• Payables Workflow: Process approved payables, ensuring all invoices are paid on time using various payment methods (Checks/EFT/Credit Cards through Bill Pay). Communicate any funding shortages to the property manager.
• Vendor Management: Analyze vendor statements received by mail, resolve discrepancies, and ensure timely payments. Contact vendors as needed for invoice clarification or to address statement imbalances.
• Financial Reporting and Payments: Monthly processing of insurance payments and management of cash balances for funding.
• Accounts Receivable Management: Analyze the accounts receivable report for affordable housing to identify and correct any discrepancies. Adjust resident ledgers using the affordable housing tax credit function as necessary.
• Portfolio Accounting: Maintain accurate tenant ledgers, respond to property accounting inquiries about expense variances, and manage tenant communications, including ledger queries and payment processing.

Who We Are Looking For (Ideal Candidate):

• Education: Associate or Bachelor’s degree in Accounting.
• Skills: Proficient in Microsoft Office 365.
• Work Environment: Capable of thriving in a fast-paced setting while maintaining meticulous attention to detail.
• Disposition: Possesses a positive attitude and is receptive to feedback, essential for ongoing personal and professional development.
• Analytical Abilities: Comfortable with numbers and adept at problem-solving.
• Initiative: Self-motivated and intellectually curious, with the ability to independently pursue projects.
• Confidentiality: Demonstrates a steadfast commitment to maintaining the highest standards of confidentiality.

Working Conditions:

• Currently 100% onsite in Waite Park, MN (not remote)
• Hourly, with expectation to work approximately 40 hours/week.

Benefits & Perks:

• Our full-time employees are eligible for these benefits and perks:
• Medical, dental, and vision insurance including HSA
• Competitive PTO and Paid Holidays
• 401k Match
• Employer Paid Basic Life Insurance
• Employer Paid Long-Term Disability
• Voluntary Life, AD&D, and Short-Term Disability insurance

INH Property Management is an Equal Opportunity Employer and consider applicants for employment without regard to race, color, religion, sex, orientation, national origin, age, disability, genetics, or any other basis forbidden under federal, provincial, or local law.